This paper presents a proposal to utilize insurance as a market-based alternative to traditional command-and-control regulation of concentrated animal feeding operations in order to meet policy goals to curtail negative environmental externalities.

Crop insurance provides risk reduction benefits yet may increase planted acres in risky areas. This paper investigates the relationship between environmental quality and crop insurance induced changes in cropping pattern. Results suggest that yield risk and soil erosion are positively correlated...

While a carbon market offers substantial opportunities for US agriculture, regional differences in such a market are often ignored. This paper focuses on the advantages and challenges for agriculture in the South. The potential of two promising options are analyzed: conversion from cropland to...

This study compares subsurface drip irrigation and sprinkler irrigation with respect to expected returns, aquifer life, nutrient utilization and accumulation in the production of irrigated corn using swine effluent and fresh groundwater from a depleting aquifer in the Oklahoma Panhandle. Most of...

Recent studies have suggested that green technologies may be a cost effective way to manage urban runoff. Literature has also suggests that there needs to be a greater empirical basis to estimate the benefits associated with social values associated with urban trees; we therefore estimate...

We explore the efficiency of allowing participants in transferable-rights programs to sell credits in multiple markets, i.e., to double dip. In a first-best economy double-dipping is efficient, but if the cap is set suboptimally, then the answer depends on the relative slopes of the marginal...

The study explores the implications of climate change for the economic costs of ecological conservation and restoration of submerged aquatic vegetation. It develops a methodological framework that addresses the key issues of uncertainty, irreversibility and space in climate change and...

This paper uses a two-good specific factors model to derive a relationship between international trade, land degradation, and welfare. Because developing countries enjoy comparative advantage in agriculture, they will export agricultural goods. We found that trade could lower steady state land...